Positioned a few minutes from the tranquil coastal village of Corinella this vacant parcel offers the educated investor an acre of options ranging from a multiple subdivision STCA, to a wonderful holiday or retirement project within minutes to the general store, local pier and water toy launching facilities. Phillip Island is an easy 20 min drive and the full facilities of Cranbourne is not much further. This property is a dream long term holiday investment for those who love to fish or have a passion for peaceful coastal or country lifestyle.
Property Code: 219
The size of Corinella is approximately 15.4 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Corinella in 2011 was 630 people. By 2016 the population was 808 showing a population growth of 28.3% in the area during that time. The predominant age group in Corinella is 60-69 years. Households in Corinella are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Corinella work in a trades occupation. In 2011, 77.1% of the homes in Corinella were owner-occupied compared with 74.7% in 2016.
Corinella has 977 properties. Over the last 5 years, Houses in Corinella have seen a 41.51% increase in median value. As at 31 October 2024:
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